The XRP Ledger (XRPL) mainnet has welcomed the long-awaited fixAMMv1_1 amendment. This major upgrade has been under development for a while and is scheduled to launch this month.
Veteran bitcoin trader Bitlord recently made a strong call implying XRP is about to experience a big price surge. He claims the coin is “ripe” for a parabolic action that might make investors quite profitable.
Few assets have captured the attention and imagination of investors like Ripple's XRP. After a period of relative stagnation, recent developments indicate that XRP may be on the brink of a substantial price rally.
In a notable development, Cardano (ADA) has reentered the top 10 cryptocurrencies by market capitalization, driven by a notable 12% price surge over the past week.
Ripple recently experienced a surge in buying activity and a subsequent increase toward the $0.6 threshold, but upward momentum has stalled, leading to a slight sideways consolidation. Nevertheless, XRP is confined within the crucial $0.55-$0.64 range, signaling a likely short-term continuation of this consolidation.
After months of consolidating below the $1 mark, an analyst has observed that Cardano (ADA) could be primed for a potential parabolic rally based on the token's technical setup.
TL;DR Ripple has issued two batches of its RLUSD stablecoin as part of its pre-launch testing. In total, 970 RLUSD were issued and 100 tokens were burned. Ripple aims to position itself in the stablecoin market, which could reach $2.8 trillion by 2028.
As the Bitcoin price stabilizes above the $63,000 level, the altcoins have picked up pace by adding significant valuation to their respective portfolios. Moreover, major altcoins such as ADA have experienced a similar action by breaking out of their major psychological levels.
Payments provider Ripple made a significant move in the beta testing of its Ripple USD (RLUSD) stablecoin by issuing the largest batch of tokens to date. A total of 485 RLUSD were released at 12:28 AM UTC, increasing the total supply of the stablecoin to 563.
The crypto market is a volatile arena where speculation plays a crucial role in determining prices. Recently, the SEC (Securities and Exchange Commission) made a statement that could change how XRP, the crypto linked to Ripple, is perceived.
Bitcoin remained steady above $63,000 on Tuesday, showing resilience after a brief rejection above $64,000. Despite minor fluctuations in the broader cryptocurrency market, Bitcoin held firm, while altcoins like Cardano and NEAR Protocol surged, leading gains by up to 7%. In the past 24 hours, Bitcoin dipped slightly by 0.2%, trading around $63,400.
Most analysts envision good days ahead for XRP, but some predict a severe collapse.
Over the past 24 hours, the XRP price has remained moderately unphased after some fluctuation, holding steady with a 0.08% gain.
Ripple is on a selling spree, offloading a total of 350 million XRP from its treasury reserves in September. XRP price has already recovered after immediate negative reactions to Ripple's two selling activities this month, worth approximately $200 million.
In the latest X post, The ‘Ripple Stablecoin Tracker' account revealed that Ripple has issued two more big reserves of its RLUSD stablecoin that it has been testing since August. While the new asset is still in its trial phase, it continues releasing and burning RLUSD.
In a recent tweet, Lunar Crush revealed that Solana has had more total social engagements than ETH in the last six months. The data comes from multiple social channels and shows the top altcoins, TON, DOGE, XRP, and BNB, following the trend.
XRP whales are not backing down amid the continuous sideways movement from the Ripple-associated coin. Despite the stagnant market growth and lackluster performance in the past few weeks, large investors are still showing confidence in XRP.
Ripple's Chairman Chris Larsen has again stirred up the XRP market, transferring a whopping 18 million XRP to Binance and Bittrex. This move continues a pattern observed over the past few months, with Larsen shifting significant amounts of XRP, prompting speculation from investors and analysts.
Cardano (ADA) is in the spotlight as one of the few top altcoins with residual gains at a time when many digital currencies are shedding their gains. Over the past 24 hours, Cardano has rallied by 5.19% to $0.3705.
ADA is trading at $0.3698, marking a 1.65% increase. ADA is steadily climbing after finding strong support at $0.3120 earlier this month.
The “Ripple Stablecoin Tracker” account on the X social media platform (popular as Twitter in the past) has reported Ripple blockchain giant has issued two more big stashes of its RLUSD stablecoin that it has been testing since August.
The XRP community is buzzing with a speculative theory that could send shockwaves through the crypto world. Some enthusiasts are predicting that XRP could reach a jaw-dropping $1 million if one XRP drop equals the value of Ripple's upcoming stablecoin, RLUSD.
Investors should pay more attention to the cryptocurrency's long-term catalysts.
Cardano (ADA) has seen a 10% price uptick over the past week. The 11th crypto asset by market capitalization is poised to extend these gains by another 10%, but only if current buying pressure holds.
Cardano struggles with declining holdings, but positive funding rates offer hope.
Now that things are starting to get resolved for Ripple, the main question comes back to mind: how high can XRP reach by 2050?
The recent move of XRP seemed to be a major bullish breakout as it made its first meaningful upswing since February. After forming for several months, the price momentarily broke above the upper bound of a symmetrical triangle pattern.
Experts offer varied predictions for XRP's future value, with estimates ranging from $0.30 to $6.45 by 2030, reflecting differing views on the cryptocurrency's adoption potential and market challenges.
XRP news: Chris Larsen, the chairman and co-founder of Ripple, has transferred a substantial amount of XRP tokens. On Monday, Larsen moved 3 million XRP to Binance and an additional 15 million XRP to a wallet activated by Bittrex.
Now that the Fed has cut rates, many wonder if money printing is about to ignite a crypto boom. To shed light on this, well-known analyst CrediBULL Crypto shares surprising price predictions for BTC, ETH, SOL, and XRP in a recent YouTube video on the Thinking Crypto channel.
As the October 7 deadline approaches, anticipation surrounding the SEC's potential appeal is intensifying. This case, which focuses on whether XRP is an unregistered security, has led to fluctuations in XRP's value due to market uncertainty. Experts Weigh in on SEC Appeal Odds In a recent X post, Crypto analyst Mr.
After the violation, both the video and the channel were removed.
XRP is pivotal as bulls fiercely defend the critical $0.5785 support, setting the stage for a potential breakout. With the price consolidating and eyeing key resistance levels at $0.5920 and $0.
Ripple co-founder Chris Larsen has puzzled the community with another series of XRP transfers that took place on Monday.
In recent months, the crypto community, particularly XRP supporters, has been eagerly anticipating the launch of Ripple's stablecoin, RLUSD.
XRP price is consolidating above the $0.5785 support. The price must settle above $0.5920 and $0.600 to start a fresh increase in the near term.
XRP price struggles as SEC appeal deadline nears, while John Deaton questions SEC's handling of Ripple case.
Cardano (ADA) has captured significant attention in the cryptocurrency market, particularly for its ambitious goals of scalability, security, and sustainability. With a current price hovering around $0.3487 and a market cap of over $12 billion, many investors are keen to know whether ADA can rebound to previous highs and whether it will reach the much-anticipated $1 mark by 2024.
XRP may soon be stealing the spotlight. According to crypto expert and long-time market participant Bitlord, XRP is “ready” for a dramatic upward movement.
XRP sees bullish sentiment grow as whale activity and key on-chain metrics align favorably.
XRP has been experiencing notable fluctuations recently, raising questions among long-term holders about the future of their investments. With the Mean Dollar Invested Age (MDIA) trending downward, some might wonder if this signals a positive shift or if it simply reflects ongoing market turbulence.
Ripple has recently transferred 200 million XRP sparking discussions in the crypto community. The latest transfer by the blockchain firm, valued at around $117 million, comes amid growing speculations over a potential last-minute US SEC appeal in the XRP case.
On the sidelines of the TOKEN2049 conference in Singapore, Charles Hoskinson, co-founder of Ethereum and Cardano, shared his thoughts in an interview with CNBC about the differing crypto stances of Donald Trump and Kamala Harris.
XRP recently faced a notable rejection at the $0.60 mark, preventing it from maintaining its upward momentum. Despite this setback, the presence of a bullish Cup and Handle formation on the 4-hour chart indicates that XRP could be on the verge of a rally toward the $0.70 level.
XRP trades at a pivotal moment after several days of volatile price action, sparking renewed optimism among investors. Some analysts believe that XRP is on the verge of breaking out from a massive 4-year bullish triangle pattern, which has served as an extended accumulation period.
Helix Labs, a blockchain-focused startup, has raised $2 million in a pre-seed funding round, bringing its valuation to $40 million. The funding was led by Tribe Capital, EMURGO Ventures, Taureon Capital, LD Capital, and Double Peak Group as per a company press release.
Michael Saylor, the chairman of MicroStrategy, recently predicted that Bitcoin could reach an astonishing $13 million by the year 2045. This forecast is not just pie-in-the-sky thinking; it's rooted in Saylor's belief that Bitcoin could capture a significant portion of global capital.